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Strategy for the morning of the 22nd
Currently, the MACD double lines have completed a death cross and continue to move downward, with the momentum histogram further expanding below the zero line, indicating that the market trend has shifted from a strong phase to a clearly weak phase. Recent rebounds are more technical corrections rather than trend reversals.
On the four-hour chart, after a brief rise, the price faces resistance and falls again. The middle band of the Bollinger Bands continues to move downward and forms obvious resistance. The overall structure shows a typical weak pattern, and it is difficult to see effective reversal signals in the short term. The bearish force is still dominating the market rhythm.
Therefore, today's trading strategy remains focused on "shorting on rallies." Market volatility is quite rapid, and flexible responses and timely adjustments are key.
Bitcoin suggestion:
- Consider short positions near 91,000–92,000 during rebounds
- Target around 87,000–86,000